The amount of interest people show in the giveaway someone is holding is massive. Although we must be aware that these trends are giving rise to Giveaway Scams. Giveaway scams serve a precise purpose for the people doing the giveaway. There are many ways in which these giveaway scams can fool you or even exploit money from you sometimes.
What are Giveaways?
Giveaway is a process in which products are given to some of the random people participating in the giveaway. Mostly the giveaways are held for promotional purposes. How these giveaways work is pretty simple: a huge number of people participate for winning a single or few products.
The exposure a product may get when a social media influencer holds such giveaways is too massive. So this is a win-win situation for brands as they are increasing the hype for their product among the people, at a very little cost of a single or few product and the people as some of them are going to get a product for free!
How Giveaways take place
Giveaways are everyone’s favorite aren’t they? Who does not like to get some product or service for free just by participating in an online giveaway. Giveaways have proved to be one of the best ways for promotion of a product or promotion of an individual for his account. Anyone who is looking to attract the attention of people can hold these giveaways. Brands sometimes use giveaways for the promotion of their own products.
Giveaways are held on almost every social media platform. Giveaways can also be held on personal websites for the sake of attracting more traffic to the website. Here are some examples of the giveaway on different platforms.
How does the Giveaway Scam works
There are tons of legit and trustable giveaways always going on the internet. But where there are goods things happening there are always some fraction of people who want to exploit people by using any possible means possible. There are people who are using giveaways as means to get information from people or even money in some cases.
Giveaway Scams to increase engagement:
Imagine you and many other people participate in some giveaway organized by a random dude on the internet. This guy promises to give away a huge prize to one of the participants, but in return they will ask you to do some tasks such as subscribing to their channels, following them on different platforms, liking their content, etc.
You honestly do all the tasks asked so that you have a good chance of winning the prize, but no matter what you or any of the participants does, no one is going to win anything. These people will not give the prize to any one and declare the name of some fake account they created themselves as the winner. It was also seen in a lot of cases that the giveaway organizers gave the prize to their friends and family, giving out biased results which were chosen by personal preference.
These scams are increasing day by day and these are so clever that people think someone has really won the prize. But they don’t understand that this was just a scam to increase the followers and engagement of their account.
Giveaway Scams to exploit money directly!
Many fake Giveaways will ask you to pay some amount so that you can enter the giveaway. So that they can confirm your entry into the giveaway. They will create fake websites which are copies of some legit websites so that they can look authentic.
They can ask you to pay minimal amounts such as 1$ or 10$ to enter the giveaway. Many people fall prey to such scammy giveaways. They pay the entry fees and wait for the results. One thing people don’t understand is that there will never be any results, they all just got scammed. 1$ may not seem to be a huge amount to a single person but even if we consider multiple thousand people participating in the giveaway it will result in a scam of thousands of dollars.
How these scams benefit the scammers
These giveaway scams are very cleverly executed, people fall prey easily to these scams. Even in some cases they dont ask you directly for money to participate in the giveaway, they will demand some information such as email address, contact number, etc. In this age of the online world this data can be sold to someone or can be used for personal use such as advertisements or promotions.
As discussed above these scammers will also use giveaways to increase their engagements or directly scam money from people
How can you stay safe from these scams?
Please understand that not all giveaways are scams or want something in return from you. There are many real and legit people who giveaway lots of products to their fans.
You just need to be careful while you see a random giveaway. You can do things to stay safe from these Giveaway Scams
- Always verify and do a check on whether the person doing the giveaway is legit, check if he has done such giveaways in the past.
- Do not trust Giveaways held by random people who have no or very few followers, these are usually scams.
- Never participate in giveaways which ask for money to participate. If someone wants to give a product for free they will not ask for money for it.
- If the giveaway is asking you to enter too much personal data avoid such giveaways as they just want your personal data for personal benefit purposes.
I hope that this post has helped you in some way, if you want to know about more such scams here are some more common scams for you: